Precision Wealth Strategies LLC Makes New Investment in Onestream, Inc. (NASDAQ:OS)

Precision Wealth Strategies LLC bought a new position in Onestream, Inc. (NASDAQ:OS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 9,967 shares of the company’s stock, valued at approximately $338,000.

Separately, Seven Grand Managers LLC bought a new position in shares of Onestream in the third quarter valued at approximately $6,780,000.

Onestream Stock Up 2.2 %

OS opened at $29.60 on Tuesday. Onestream, Inc. has a 1-year low of $24.50 and a 1-year high of $35.17. The company has a 50-day moving average of $30.33.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. TD Cowen assumed coverage on shares of Onestream in a report on Monday, August 19th. They issued a “buy” rating and a $34.00 price objective for the company. Needham & Company LLC increased their price objective on shares of Onestream from $33.00 to $35.00 and gave the company a “buy” rating in a report on Wednesday, September 4th. Raymond James increased their price objective on shares of Onestream from $32.00 to $34.00 and gave the company an “outperform” rating in a report on Wednesday, September 4th. Citigroup started coverage on shares of Onestream in a research note on Monday, August 19th. They set a “neutral” rating and a $34.00 target price for the company. Finally, Robert W. Baird increased their target price on shares of Onestream from $32.00 to $35.00 and gave the company an “outperform” rating in a research note on Wednesday, September 4th. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Onestream presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.31.

Insider Transactions at Onestream

In related news, President Craig Colby sold 200,502 shares of the business’s stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total transaction of $3,779,462.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Onestream news, President Craig Colby sold 200,502 shares of Onestream stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total value of $3,779,462.70. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO William A. Koefoed sold 20,000 shares of Onestream stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total transaction of $377,000.00. The disclosure for this sale can be found here. Insiders sold a total of 2,775,146 shares of company stock worth $52,311,502 in the last quarter.

Onestream Company Profile

OneStream, Inc develops corporate performance management software solutions primarily to perform financial statement consolidation and planning and budgeting. Its solutions include financial close and consolidation that streamlines financial processes with capabilities designed to automate tasks and manage the complexity and standards of financial reporting and consolidation; financial and operational planning and analysis that enables financial and operational planning, budgeting, forecasting, and results analysis for individual business functions and the synchronization of plans across the entire organization; and financial and operational reporting that provides end-to-end visibility of analytics and key metrics to various stakeholders, including executives, Finance professionals, line-of-business leaders, and other business partners.